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Ningbo Water Meter Co Ltd
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PenkeI guess you are interested in Ningbo Water Meter Co Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Ningbo Water Meter Co Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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Quick analysis of Ningbo Water Meter Co Ltd (30 sec.)










What can you expect buying and holding a share of Ningbo Water Meter Co Ltd? (30 sec.)

How much money do you get?

How much money do you get?
¥0.04
When do you have the money?
1 year
How often do you get paid?
95.5%

What is your share worth?

Current worth
¥7.67
Expected worth in 1 year
¥8.08
How sure are you?
95.5%

+ What do you gain per year?

Total Gains per Share
¥0.72
Return On Investment
6.3%

For what price can you sell your share?

Current Price per Share
¥11.50
Expected price per share
¥8.36 - ¥13.08
How sure are you?
50%

1. Valuation of Ningbo Water Meter Co Ltd (5 min.)




Live pricePrice per Share (EOD)

¥11.50

Intrinsic Value Per Share

¥2.09 - ¥2.51

Total Value Per Share

¥9.76 - ¥10.18

2. Growth of Ningbo Water Meter Co Ltd (5 min.)




Is Ningbo Water Meter Co Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$215.7m$212.9m$291k0.1%

How much money is Ningbo Water Meter Co Ltd making?

Current yearPrevious yearGrowGrow %
Making money$4.9m$4.6m$286.8k5.8%
Net Profit Margin7.6%7.5%--

How much money comes from the company's main activities?

3. Financial Health of Ningbo Water Meter Co Ltd (5 min.)




4. Comparing to competitors in the Electrical Equipment & Parts industry (5 min.)




  Industry Rankings (Electrical Equipment & Parts)  


Richest
#201 / 464

Most Revenue
#227 / 464

Most Profit
#178 / 464

Most Efficient
#130 / 464

What can you expect buying and holding a share of Ningbo Water Meter Co Ltd? (5 min.)

Welcome investor! Ningbo Water Meter Co Ltd's management wants to use your money to grow the business. In return you get a share of Ningbo Water Meter Co Ltd.

What can you expect buying and holding a share of Ningbo Water Meter Co Ltd?

First you should know what it really means to hold a share of Ningbo Water Meter Co Ltd. And how you can make/lose money.

Speculation

The Price per Share of Ningbo Water Meter Co Ltd is ¥11.50. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Ningbo Water Meter Co Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Ningbo Water Meter Co Ltd, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is ¥7.67. Based on the TTM, the Book Value Change Per Share is ¥0.10 per quarter. Based on the YOY, the Book Value Change Per Share is ¥-0.08 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is ¥0.08 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Ningbo Water Meter Co Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 ¥% of Price per Share¥% of Price per Share¥% of Price per Share¥% of Price per Share¥% of Price per Share
Usd Eps0.020.2%0.020.1%0.020.2%0.030.3%0.030.3%
Usd Book Value Change Per Share0.020.2%0.010.1%-0.01-0.1%0.040.3%0.050.4%
Usd Dividend Per Share0.000.0%0.010.1%0.030.2%0.020.2%0.020.2%
Usd Total Gains Per Share0.020.2%0.020.2%0.020.1%0.050.5%0.070.6%
Usd Price Per Share2.00-1.95-2.22-2.85-2.59-
Price to Earnings Ratio24.05-44.32-51.77-33.96-30.87-
Price-to-Total Gains Ratio89.02-103.06--276.75-8.34-8.34-
Price to Book Ratio1.88-1.86-2.11-3.06-2.78-
Price-to-Total Gains Ratio89.02-103.06--276.75-8.34-8.34-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.5916
Number of shares628
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.010.02
Usd Book Value Change Per Share0.010.04
Usd Total Gains Per Share0.020.05
Gains per Quarter (628 shares)15.6634.42
Gains per Year (628 shares)62.65137.70
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
12735534592128
2557111690185266
382106179136277404
4109141242181370542
5137177305226462680
6164212368271555818
7191247431316647956
82192824943627401094
92463185574078321232
102743536204529251370

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%22.00.00.0100.0%22.00.00.0100.0%
Book Value Change Per Share3.01.00.075.0%9.03.00.075.0%16.04.00.080.0%18.04.00.081.8%18.04.00.081.8%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%19.00.01.095.0%21.00.01.095.5%21.00.01.095.5%
Total Gains per Share4.00.00.0100.0%11.01.00.091.7%19.01.00.095.0%21.01.00.095.5%21.01.00.095.5%

Fundamentals of Ningbo Water Meter Co Ltd

About Ningbo Water Meter Co Ltd

Ningbo Water Meter (Group) Co., LTD. manufactures and sells water meters in China and internationally. The company offers multi and single-jet, volumetric rotary piston water meter, heat meter, woltmann water meter, irrigation water meter, batch control water meter, and oscillating meter; AWWA standard; and test bench products; and water meter boxes, as well as spare parts for water meters. It also provides water management solutions for domestic, industrial, and irrigative uses. The company was founded in 1958 and is based in Ningbo, China.

Fundamental data was last updated by Penke on 2024-03-27 23:36:06.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is overpriced.
Based on how much money comes from the company's main activities, the company is overpriced.

1.1. Profitability of Ningbo Water Meter Co Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Ningbo Water Meter Co Ltd earns for each ¥1 of revenue.

  • Above 10% is considered healthy but always compare Ningbo Water Meter Co Ltd to the Electrical Equipment & Parts industry mean.
  • A Net Profit Margin of 6.8% means that ¥0.07 for each ¥1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Ningbo Water Meter Co Ltd:

  • The MRQ is 6.8%. The company is making a profit. +1
  • The TTM is 7.6%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ6.8%TTM7.6%-0.8%
TTM7.6%YOY7.5%+0.1%
TTM7.6%5Y12.1%-4.4%
5Y12.1%10Y12.4%-0.3%
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ6.8%3.7%+3.1%
TTM7.6%3.7%+3.9%
YOY7.5%3.3%+4.2%
5Y12.1%3.2%+8.9%
10Y12.4%3.4%+9.0%
1.1.2. Return on Assets

Shows how efficient Ningbo Water Meter Co Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Ningbo Water Meter Co Ltd to the Electrical Equipment & Parts industry mean.
  • 1.3% Return on Assets means that Ningbo Water Meter Co Ltd generated ¥0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Ningbo Water Meter Co Ltd:

  • The MRQ is 1.3%. Using its assets, the company is less efficient in making profit.
  • The TTM is 1.5%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ1.3%TTM1.5%-0.2%
TTM1.5%YOY1.6%0.0%
TTM1.5%5Y2.7%-1.1%
5Y2.7%10Y2.9%-0.3%
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ1.3%0.9%+0.4%
TTM1.5%1.0%+0.5%
YOY1.6%0.8%+0.8%
5Y2.7%0.9%+1.8%
10Y2.9%1.1%+1.8%
1.1.3. Return on Equity

Shows how efficient Ningbo Water Meter Co Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Ningbo Water Meter Co Ltd to the Electrical Equipment & Parts industry mean.
  • 2.0% Return on Equity means Ningbo Water Meter Co Ltd generated ¥0.02 for each ¥1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Ningbo Water Meter Co Ltd:

  • The MRQ is 2.0%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 2.3%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ2.0%TTM2.3%-0.4%
TTM2.3%YOY2.2%+0.1%
TTM2.3%5Y3.7%-1.4%
5Y3.7%10Y4.2%-0.5%
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ2.0%1.8%+0.2%
TTM2.3%1.9%+0.4%
YOY2.2%1.7%+0.5%
5Y3.7%1.8%+1.9%
10Y4.2%2.0%+2.2%

1.2. Operating Efficiency of Ningbo Water Meter Co Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Ningbo Water Meter Co Ltd is operating .

  • Measures how much profit Ningbo Water Meter Co Ltd makes for each ¥1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Ningbo Water Meter Co Ltd to the Electrical Equipment & Parts industry mean.
  • An Operating Margin of 0.0% means the company generated ¥0.00  for each ¥1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Ningbo Water Meter Co Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM2.6%-2.6%
TTM2.6%YOY7.6%-5.0%
TTM2.6%5Y11.9%-9.3%
5Y11.9%10Y12.4%-0.4%
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ-6.7%-6.7%
TTM2.6%3.3%-0.7%
YOY7.6%4.3%+3.3%
5Y11.9%4.8%+7.1%
10Y12.4%3.7%+8.7%
1.2.2. Operating Ratio

Measures how efficient Ningbo Water Meter Co Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Electrical Equipment & Parts industry mean).
  • An Operation Ratio of 1.59 means that the operating costs are ¥1.59 for each ¥1 in net sales.

Let's take a look of the Operating Ratio trends of Ningbo Water Meter Co Ltd:

  • The MRQ is 1.594. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.615. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.594TTM1.615-0.022
TTM1.615YOY1.634-0.019
TTM1.6155Y1.523+0.092
5Y1.52310Y1.521+0.002
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5941.656-0.062
TTM1.6151.679-0.064
YOY1.6341.676-0.042
5Y1.5231.631-0.108
10Y1.5211.348+0.173

1.3. Liquidity of Ningbo Water Meter Co Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Ningbo Water Meter Co Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Electrical Equipment & Parts industry mean).
  • A Current Ratio of 2.20 means the company has ¥2.20 in assets for each ¥1 in short-term debts.

Let's take a look of the Current Ratio trends of Ningbo Water Meter Co Ltd:

  • The MRQ is 2.203. The company is able to pay all its short-term debts. +1
  • The TTM is 2.168. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.203TTM2.168+0.035
TTM2.168YOY2.791-0.622
TTM2.1685Y3.161-0.993
5Y3.16110Y3.092+0.069
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ2.2031.912+0.291
TTM2.1681.884+0.284
YOY2.7911.915+0.876
5Y3.1611.994+1.167
10Y3.0921.645+1.447
1.3.2. Quick Ratio

Measures if Ningbo Water Meter Co Ltd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Ningbo Water Meter Co Ltd to the Electrical Equipment & Parts industry mean.
  • A Quick Ratio of 1.15 means the company can pay off ¥1.15 for each ¥1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Ningbo Water Meter Co Ltd:

  • The MRQ is 1.148. The company is just able to pay all its short-term debts with the most liquid assets.
  • The TTM is 1.097. The company is just able to pay all its short-term debts with the most liquid assets.
Trends
Current periodCompared to+/- 
MRQ1.148TTM1.097+0.051
TTM1.097YOY1.502-0.405
TTM1.0975Y1.615-0.518
5Y1.61510Y1.581+0.035
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1480.887+0.261
TTM1.0970.893+0.204
YOY1.5020.962+0.540
5Y1.6150.982+0.633
10Y1.5810.985+0.596

1.4. Solvency of Ningbo Water Meter Co Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Ningbo Water Meter Co Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Ningbo Water Meter Co Ltd to Electrical Equipment & Parts industry mean.
  • A Debt to Asset Ratio of 0.32 means that Ningbo Water Meter Co Ltd assets are financed with 32.4% credit (debt) and the remaining percentage (100% - 32.4%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Ningbo Water Meter Co Ltd:

  • The MRQ is 0.324. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.330. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.324TTM0.330-0.006
TTM0.330YOY0.285+0.045
TTM0.3305Y0.278+0.052
5Y0.27810Y0.285-0.007
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3240.434-0.110
TTM0.3300.448-0.118
YOY0.2850.438-0.153
5Y0.2780.443-0.165
10Y0.2850.432-0.147
1.4.2. Debt to Equity Ratio

Measures if Ningbo Water Meter Co Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Ningbo Water Meter Co Ltd to the Electrical Equipment & Parts industry mean.
  • A Debt to Equity ratio of 47.9% means that company has ¥0.48 debt for each ¥1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Ningbo Water Meter Co Ltd:

  • The MRQ is 0.479. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.493. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.479TTM0.493-0.014
TTM0.493YOY0.402+0.091
TTM0.4935Y0.392+0.101
5Y0.39210Y0.406-0.014
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4790.760-0.281
TTM0.4930.812-0.319
YOY0.4020.799-0.397
5Y0.3920.821-0.429
10Y0.4060.837-0.431

2. Market Valuation of Ningbo Water Meter Co Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ¥1 in earnings Ningbo Water Meter Co Ltd generates.

  • Above 15 is considered overpriced but always compare Ningbo Water Meter Co Ltd to the Electrical Equipment & Parts industry mean.
  • A PE ratio of 24.05 means the investor is paying ¥24.05 for every ¥1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Ningbo Water Meter Co Ltd:

  • The EOD is 19.144. Based on the earnings, the company is fair priced.
  • The MRQ is 24.055. Based on the earnings, the company is fair priced.
  • The TTM is 44.324. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD19.144MRQ24.055-4.911
MRQ24.055TTM44.324-20.269
TTM44.324YOY51.767-7.443
TTM44.3245Y33.958+10.366
5Y33.95810Y30.871+3.087
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
EOD19.14414.955+4.189
MRQ24.05513.194+10.861
TTM44.32414.274+30.050
YOY51.76716.023+35.744
5Y33.95817.732+16.226
10Y30.87123.116+7.755
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Ningbo Water Meter Co Ltd:

  • The EOD is 39.731. Based on how much money comes from the company's main activities, the company is fair priced.
  • The MRQ is 49.922. Based on how much money comes from the company's main activities, the company is fair priced.
  • The TTM is 51.900. Based on how much money comes from the company's main activities, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD39.731MRQ49.922-10.192
MRQ49.922TTM51.900-1.978
TTM51.900YOY5.187+46.713
TTM51.9005Y-29.733+81.633
5Y-29.73310Y-27.030-2.703
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
EOD39.7314.652+35.079
MRQ49.9224.051+45.871
TTM51.9002.220+49.680
YOY5.187-2.139+7.326
5Y-29.733-0.110-29.623
10Y-27.0300.056-27.086
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Ningbo Water Meter Co Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Electrical Equipment & Parts industry mean).
  • A PB ratio of 1.88 means the investor is paying ¥1.88 for each ¥1 in book value.

Let's take a look of the Price to Book Ratio trends of Ningbo Water Meter Co Ltd:

  • The EOD is 1.499. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.884. Based on the equity, the company is underpriced. +1
  • The TTM is 1.856. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.499MRQ1.884-0.385
MRQ1.884TTM1.856+0.028
TTM1.856YOY2.107-0.251
TTM1.8565Y3.059-1.203
5Y3.05910Y2.781+0.278
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
EOD1.4991.912-0.413
MRQ1.8842.042-0.158
TTM1.8562.149-0.293
YOY2.1072.256-0.149
5Y3.0592.376+0.683
10Y2.7812.810-0.029
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Ningbo Water Meter Co Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.1570.102+55%-0.077+149%0.266-41%0.349-55%
Book Value Per Share--7.6717.583+1%7.572+1%6.753+14%6.343+21%
Current Ratio--2.2032.168+2%2.791-21%3.161-30%3.092-29%
Debt To Asset Ratio--0.3240.330-2%0.285+13%0.278+16%0.285+14%
Debt To Equity Ratio--0.4790.493-3%0.402+19%0.392+22%0.406+18%
Dividend Per Share--0.0050.079-93%0.199-97%0.130-96%0.129-96%
Eps--0.1500.113+33%0.167-10%0.224-33%0.222-32%
Free Cash Flow Per Share--0.0720.035+108%-0.075+204%-0.064+188%-0.064+188%
Free Cash Flow To Equity Per Share--0.0720.114-36%-0.186+357%-0.114+258%-0.114+258%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--2.508--------
Intrinsic Value_10Y_min--2.091--------
Intrinsic Value_1Y_max--0.057--------
Intrinsic Value_1Y_min--0.056--------
Intrinsic Value_3Y_max--0.320--------
Intrinsic Value_3Y_min--0.303--------
Intrinsic Value_5Y_max--0.761--------
Intrinsic Value_5Y_min--0.694--------
Market Cap2337283000.000-26%2936846900.0002860123045.000+3%3253904420.000-10%4188817620.000-30%3808016018.182-23%
Net Profit Margin--0.0680.076-11%0.075-9%0.121-43%0.124-45%
Operating Margin---0.026-100%0.076-100%0.119-100%0.124-100%
Operating Ratio--1.5941.615-1%1.634-2%1.523+5%1.521+5%
Pb Ratio1.499-26%1.8841.856+1%2.107-11%3.059-38%2.781-32%
Pe Ratio19.144-26%24.05544.324-46%51.767-54%33.958-29%30.871-22%
Price Per Share11.500-26%14.45014.073+3%16.010-10%20.610-30%18.736-23%
Price To Free Cash Flow Ratio39.731-26%49.92251.900-4%5.187+862%-29.733+160%-27.030+154%
Price To Total Gains Ratio70.843-26%89.016103.056-14%-276.754+411%8.344+967%8.344+967%
Quick Ratio--1.1481.097+5%1.502-24%1.615-29%1.581-27%
Return On Assets--0.0130.015-15%0.016-15%0.027-50%0.029-55%
Return On Equity--0.0200.023-16%0.022-11%0.037-47%0.042-53%
Total Gains Per Share--0.1620.180-10%0.122+33%0.396-59%0.478-66%
Usd Book Value--215781151.709213286222.562+1%212995204.544+1%189945003.751+14%178417537.747+21%
Usd Book Value Change Per Share--0.0220.014+55%-0.011+149%0.037-41%0.048-55%
Usd Book Value Per Share--1.0621.049+1%1.048+1%0.935+14%0.878+21%
Usd Dividend Per Share--0.0010.011-93%0.028-97%0.018-96%0.018-96%
Usd Eps--0.0210.016+33%0.023-10%0.031-33%0.031-32%
Usd Free Cash Flow--2035458.291976737.360+108%-2115897.977+204%-1342100.970+166%-1220091.791+160%
Usd Free Cash Flow Per Share--0.0100.005+108%-0.010+204%-0.009+188%-0.009+188%
Usd Free Cash Flow To Equity Per Share--0.0100.016-36%-0.026+357%-0.016+258%-0.016+258%
Usd Market Cap323479967.200-26%406459610.960395841029.428+3%450340371.728-10%579732358.608-30%527029416.916-23%
Usd Price Per Share1.592-26%2.0001.948+3%2.216-10%2.852-30%2.593-23%
Usd Profit--4224339.5034971082.687-15%4684195.750-10%6666407.533-37%6577827.683-36%
Usd Revenue--61936972.38261089331.435+1%54987227.733+13%53959694.950+15%52414098.199+18%
Usd Total Gains Per Share--0.0220.025-10%0.017+33%0.055-59%0.066-66%
 EOD+4 -4MRQTTM+21 -14YOY+18 -175Y+13 -2210Y+13 -22

3.2. Fundamental Score

Let's check the fundamental score of Ningbo Water Meter Co Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1519.144
Price to Book Ratio (EOD)Between0-11.499
Net Profit Margin (MRQ)Greater than00.068
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than11.148
Current Ratio (MRQ)Greater than12.203
Debt to Asset Ratio (MRQ)Less than10.324
Debt to Equity Ratio (MRQ)Less than10.479
Return on Equity (MRQ)Greater than0.150.020
Return on Assets (MRQ)Greater than0.050.013
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of Ningbo Water Meter Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5050.379
Ma 20Greater thanMa 5011.424
Ma 50Greater thanMa 10011.582
Ma 100Greater thanMa 20012.881
OpenGreater thanClose11.310
Total1/5 (20.0%)



Latest Balance Sheet

Balance Sheet of 2023-09-30. Currency in CNY. All numbers in thousands.

Summary
Total Assets2,305,812
Total Liabilities746,699
Total Stockholder Equity1,559,660
 As reported
Total Liabilities 746,699
Total Stockholder Equity+ 1,559,660
Total Assets = 2,305,812

Assets

Total Assets2,305,812
Total Current Assets1,610,010
Long-term Assets695,801
Total Current Assets
Cash And Cash Equivalents 281,056
Net Receivables 838,752
Inventory 428,668
Other Current Assets 2,172
Total Current Assets  (as reported)1,610,010
Total Current Assets  (calculated)1,550,648
+/- 59,362
Long-term Assets
Property Plant Equipment 411,235
Intangible Assets 44,943
Long-term Assets Other 99,533
Long-term Assets  (as reported)695,801
Long-term Assets  (calculated)555,711
+/- 140,090

Liabilities & Shareholders' Equity

Total Current Liabilities730,791
Long-term Liabilities15,908
Total Stockholder Equity1,559,660
Total Current Liabilities
Short Long Term Debt 121,072
Accounts payable 489,490
Other Current Liabilities 6,300
Total Current Liabilities  (as reported)730,791
Total Current Liabilities  (calculated)616,862
+/- 113,929
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt92
Long-term Liabilities Other 7,231
Long-term Liabilities  (as reported)15,908
Long-term Liabilities  (calculated)7,323
+/- 8,585
Total Stockholder Equity
Retained Earnings 779,071
Total Stockholder Equity (as reported)1,559,660
Total Stockholder Equity (calculated)779,071
+/- 780,589
Other
Capital Stock203,242
Common Stock Shares Outstanding 203,242
Net Invested Capital 1,680,732
Net Working Capital 879,219
Property Plant and Equipment Gross 411,235



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-30
> Total Assets 
658,063
748,907
824,580
1,396,189
1,432,609
1,515,470
1,700,512
1,617,606
1,801,711
1,864,988
2,059,923
1,932,593
2,071,830
2,124,956
2,220,987
2,116,054
2,067,122
2,215,646
2,350,421
2,246,585
2,301,481
2,305,812
2,305,8122,301,4812,246,5852,350,4212,215,6462,067,1222,116,0542,220,9872,124,9562,071,8301,932,5932,059,9231,864,9881,801,7111,617,6061,700,5121,515,4701,432,6091,396,189824,580748,907658,063
   > Total Current Assets 
531,105
618,514
692,607
1,261,441
1,297,211
1,381,938
1,538,262
1,454,875
1,619,458
1,667,083
1,818,262
1,671,194
1,780,010
1,778,173
1,813,260
1,667,347
1,515,181
1,640,535
1,673,855
1,564,440
1,607,184
1,610,010
1,610,0101,607,1841,564,4401,673,8551,640,5351,515,1811,667,3471,813,2601,778,1731,780,0101,671,1941,818,2621,667,0831,619,4581,454,8751,538,2621,381,9381,297,2111,261,441692,607618,514531,105
       Cash And Cash Equivalents 
102,675
108,808
227,724
306,596
273,454
228,640
503,502
224,857
304,109
257,490
500,003
306,879
348,982
385,684
541,654
413,150
218,181
249,050
427,998
328,498
307,325
281,056
281,056307,325328,498427,998249,050218,181413,150541,654385,684348,982306,879500,003257,490304,109224,857503,502228,640273,454306,596227,724108,808102,675
       Short-term Investments 
0
0
0
0
350,000
0
350,000
456,000
363,082
409,138
409,888
398,598
344,977
229,212
210,222
110,013
110,010
163,027
0
0
5,036
0
05,03600163,027110,010110,013210,222229,212344,977398,598409,888409,138363,082456,000350,0000350,0000000
       Net Receivables 
269,922
322,761
240,256
307,072
368,343
442,890
395,984
462,934
579,908
614,725
583,215
621,583
751,946
780,357
710,863
708,937
803,813
773,188
752,206
799,228
862,316
838,752
838,752862,316799,228752,206773,188803,813708,937710,863780,357751,946621,583583,215614,725579,908462,934395,984442,890368,343307,072240,256322,761269,922
       Inventory 
150,605
178,998
212,072
236,237
271,440
307,481
285,016
306,304
366,884
376,194
317,126
337,286
326,104
370,364
341,321
396,432
372,261
439,892
424,492
424,839
423,938
428,668
428,668423,938424,839424,492439,892372,261396,432341,321370,364326,104337,286317,126376,194366,884306,304285,016307,481271,440236,237212,072178,998150,605
       Other Current Assets 
4,653
5,368
12,555
376,672
356,554
356,732
3,760
4,779
5,476
9,536
8,030
6,848
8,002
12,556
9,201
38,815
10,915
15,378
2,519
11,874
8,568
2,172
2,1728,56811,8742,51915,37810,91538,8159,20112,5568,0026,8488,0309,5365,4764,7793,760356,732356,554376,67212,5555,3684,653
   > Long-term Assets 
0
0
0
134,748
135,398
133,532
162,250
162,731
182,253
197,905
241,662
261,400
291,820
346,782
407,727
448,707
551,941
575,111
676,566
682,145
694,297
695,801
695,801694,297682,145676,566575,111551,941448,707407,727346,782291,820261,400241,662197,905182,253162,731162,250133,532135,398134,748000
       Property Plant Equipment 
84,798
86,217
87,147
93,072
89,028
87,638
86,091
87,028
95,023
112,703
133,415
152,281
178,603
206,964
250,472
291,376
327,785
341,237
424,975
415,936
416,224
411,235
411,235416,224415,936424,975341,237327,785291,376250,472206,964178,603152,281133,415112,70395,02387,02886,09187,63889,02893,07287,14786,21784,798
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
456
456
456
456
456
456
0
0
0
0
0000456456456456456456000000000000
       Long Term Investments 
5,161
5,516
6,083
6,245
6,140
6,054
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000006,0546,1406,2456,0835,5165,161
       Intangible Assets 
5,992
5,912
6,139
6,168
1,498
5,963
34,867
34,466
45,526
45,661
45,605
45,199
44,593
44,478
45,483
44,830
44,410
43,602
44,674
45,424
45,367
44,943
44,94345,36745,42444,67443,60244,41044,83045,48344,47844,59345,19945,60545,66145,52634,46634,8675,9631,4986,1686,1395,9125,992
       Long-term Assets Other 
0
0
0
224
1,065
675
3,800
3,895
3,097
113,572
24,677
27,891
29,511
35,107
38,437
40,513
103,572
57,890
67,899
76,052
92,978
99,533
99,53392,97876,05267,89957,890103,57240,51338,43735,10729,51127,89124,677113,5723,0973,8953,8006751,065224000
> Total Liabilities 
223,347
271,154
311,669
261,132
320,043
348,255
454,522
338,400
484,627
482,170
605,864
445,605
576,727
585,525
624,651
511,601
588,541
739,085
817,887
701,091
774,279
746,699
746,699774,279701,091817,887739,085588,541511,601624,651585,525576,727445,605605,864482,170484,627338,400454,522348,255320,043261,132311,669271,154223,347
   > Total Current Liabilities 
216,249
264,094
303,691
252,750
311,467
339,750
446,376
330,260
476,286
473,869
596,157
435,514
566,613
575,512
614,706
501,352
575,660
727,589
804,714
689,104
758,232
730,791
730,791758,232689,104804,714727,589575,660501,352614,706575,512566,613435,514596,157473,869476,286330,260446,376339,750311,467252,750303,691264,094216,249
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
10,009
10,009
14,000
73,988
73,817
2,000
15,991
106,393
193,108
86,066
132,087
168,108
121,072
121,072168,108132,08786,066193,108106,39315,9912,00073,81773,98814,00010,00910,009000000000
       Accounts payable 
139,419
183,812
200,290
201,187
255,227
243,324
326,036
255,368
359,311
288,210
372,788
292,652
358,550
414,312
484,841
432,921
404,018
448,844
589,990
465,440
490,793
489,490
489,490490,793465,440589,990448,844404,018432,921484,841414,312358,550292,652372,788288,210359,311255,368326,036243,324255,227201,187200,290183,812139,419
       Other Current Liabilities 
33,565
37,545
44,711
42,548
28,736
66,640
38,777
61,947
63,136
130,856
53,570
64,854
45,089
51,837
41,176
40,187
35,668
55,213
7,285
80,041
55,565
6,300
6,30055,56580,0417,28555,21335,66840,18741,17651,83745,08964,85453,570130,85663,13661,94738,77766,64028,73642,54844,71137,54533,565
   > Long-term Liabilities 
0
0
0
8,382
8,576
8,505
8,146
8,140
8,341
8,301
9,708
10,091
10,114
10,013
9,946
10,249
12,881
11,495
13,174
11,987
16,047
15,908
15,90816,04711,98713,17411,49512,88110,2499,94610,01310,11410,0919,7088,3018,3418,1408,1468,5058,5768,382000
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
0
0
0
0
0
0
0
434
738
1,460
1,600
1,117
1,002
1,374
663
439
121
92
921214396631,3741,0021,1171,6001,46073843400000000000
       Long-term Liabilities Other 
0
0
0
0
0
0
0
0
0
0
1,888
2,152
2,162
3,523
3,605
3,346
2,979
1,243
5,405
4,630
7,165
7,231
7,2317,1654,6305,4051,2432,9793,3463,6053,5232,1622,1521,8880000000000
       Deferred Long Term Liability 
3,887
3,665
5,078
4,811
7,724
7,087
6,801
6,169
5,928
5,230
5,021
4,369
5,313
5,082
4,319
3,933
3,755
5,708
0
14,560
8,867
0
08,86714,56005,7083,7553,9334,3195,0825,3134,3695,0215,2305,9286,1696,8017,0877,7244,8115,0783,6653,887
> Total Stockholder Equity
433,042
476,051
510,903
1,133,250
1,110,833
1,165,694
1,244,168
1,277,549
1,315,509
1,381,626
1,452,633
1,485,750
1,494,736
1,539,174
1,596,295
1,604,576
1,479,120
1,477,210
1,533,258
1,546,382
1,528,036
1,559,660
1,559,6601,528,0361,546,3821,533,2581,477,2101,479,1201,604,5761,596,2951,539,1741,494,7361,485,7501,452,6331,381,6261,315,5091,277,5491,244,1681,165,6941,110,8331,133,250510,903476,051433,042
   Common Stock
117,250
117,250
117,250
156,340
156,340
156,340
156,340
156,340
203,242
203,242
203,242
203,242
203,242
203,242
203,242
203,242
203,242
203,242
0
203,242
203,242
0
0203,242203,2420203,242203,242203,242203,242203,242203,242203,242203,242203,242203,242156,340156,340156,340156,340156,340117,250117,250117,250
   Retained Earnings 
301,585
344,090
378,498
341,373
318,289
372,692
512,624
545,738
583,019
648,494
738,813
781,024
775,154
822,021
892,887
898,853
772,327
795,820
756,072
869,223
850,170
779,071
779,071850,170869,223756,072795,820772,327898,853892,887822,021775,154781,024738,813648,494583,019545,738512,624372,692318,289341,373378,498344,090301,585
   Capital Surplus 0000000000000000000000
   Treasury Stock0000000000000000000000
   Other Stockholders Equity 
14,208
14,711
15,156
15,850
16,517
16,975
17,618
17,885
18,564
19,206
19,882
20,667
21,486
22,268
22,772
23,382
23,864
24,565
0
25,608
26,315
0
026,31525,608024,56523,86423,38222,77222,26821,48620,66719,88219,20618,56417,88517,61816,97516,51715,85015,15614,71114,208



Balance Sheet

Currency in CNY. All numbers in thousands.




Cash Flow

Currency in CNY. All numbers in thousands.




Income Statement

Currency in CNY. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue1,765,588
Cost of Revenue-1,253,886
Gross Profit511,701511,701
 
Operating Income (+$)
Gross Profit511,701
Operating Expense-1,576,894
Operating Income188,693-1,065,193
 
Operating Expense (+$)
Research Development63,867
Selling General Administrative225,946
Selling And Marketing Expenses-
Operating Expense1,576,894289,813
 
Net Interest Income (+$)
Interest Income2,813
Interest Expense-4,112
Other Finance Cost-3,910
Net Interest Income-5,209
 
Pretax Income (+$)
Operating Income188,693
Net Interest Income-5,209
Other Non-Operating Income Expenses-
Income Before Tax (EBT)153,453188,693
EBIT - interestExpense = -4,112
143,673
147,785
Interest Expense4,112
Earnings Before Interest and Taxes (EBIT)-157,565
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax153,453
Tax Provision-9,679
Net Income From Continuing Ops143,774143,774
Net Income143,673
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-5,209
 

Technical Analysis of Ningbo Water Meter Co Ltd
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Ningbo Water Meter Co Ltd. The general trend of Ningbo Water Meter Co Ltd is BEARISH with 71.4% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Ningbo Water Meter Co Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-71.4%) Bearish trend (71.4%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Ningbo Water Meter Co Ltd.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 12.11 < 12.16 < 13.08.

The bearish price targets are: 8.36.

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Ningbo Water Meter Co Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Ningbo Water Meter Co Ltd. The current mas is .

The long score for the Moving Averages is 2/14.
The longshort score for the Moving Averages is -10/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Ningbo Water Meter Co Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Ningbo Water Meter Co Ltd. The current macd is 0.01571861.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Ningbo Water Meter Co Ltd price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Ningbo Water Meter Co Ltd. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Ningbo Water Meter Co Ltd price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Ningbo Water Meter Co Ltd Daily Moving Average Convergence/Divergence (MACD) ChartNingbo Water Meter Co Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Ningbo Water Meter Co Ltd. The current adx is 14.72.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Ningbo Water Meter Co Ltd shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Ningbo Water Meter Co Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Ningbo Water Meter Co Ltd. The current sar is 12.03.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Ningbo Water Meter Co Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Ningbo Water Meter Co Ltd. The current rsi is 50.38. The current phase is Correction in bear market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
  • Trending up: The RSI is trending up. +1
Ningbo Water Meter Co Ltd Daily Relative Strength Index (RSI) ChartNingbo Water Meter Co Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Ningbo Water Meter Co Ltd. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 2/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Ningbo Water Meter Co Ltd price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Ningbo Water Meter Co Ltd Daily Stochastic Oscillator ChartNingbo Water Meter Co Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Ningbo Water Meter Co Ltd. The current cci is 2.29095074.

Ningbo Water Meter Co Ltd Daily Commodity Channel Index (CCI) ChartNingbo Water Meter Co Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Ningbo Water Meter Co Ltd. The current cmo is 2.45708685.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Ningbo Water Meter Co Ltd Daily Chande Momentum Oscillator (CMO) ChartNingbo Water Meter Co Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Ningbo Water Meter Co Ltd. The current willr is -61.11111111.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Ningbo Water Meter Co Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Ningbo Water Meter Co Ltd Daily Williams %R ChartNingbo Water Meter Co Ltd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Ningbo Water Meter Co Ltd.

Ningbo Water Meter Co Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Ningbo Water Meter Co Ltd. The current atr is 0.4167989.

Ningbo Water Meter Co Ltd Daily Average True Range (ATR) ChartNingbo Water Meter Co Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Ningbo Water Meter Co Ltd. The current obv is 36,071,929.

Ningbo Water Meter Co Ltd Daily On-Balance Volume (OBV) ChartNingbo Water Meter Co Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Ningbo Water Meter Co Ltd. The current mfi is 60.16.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Ningbo Water Meter Co Ltd Daily Money Flow Index (MFI) ChartNingbo Water Meter Co Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Ningbo Water Meter Co Ltd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-03MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-06WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-07DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-10DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-11-13DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-17DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-20DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-23STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-24DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-28DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-29SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-30DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-12-01MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-05CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-08STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-11STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-13STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-14STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-18STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-21DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-25SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-26WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-28STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-29DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-02MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-08CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-09STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-10STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-11STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-16STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-17STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-19WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-22CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-25RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-30CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-31BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-02BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-08ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-19SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-02-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-23CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-27WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-04CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-13DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-18STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-25SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-26DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-28STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-29CMO LONG ENTRY SHORT CLOSEZero line crossover to upside

6.3. Candlestick Patterns

Ningbo Water Meter Co Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Ningbo Water Meter Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5050.379
Ma 20Greater thanMa 5011.424
Ma 50Greater thanMa 10011.582
Ma 100Greater thanMa 20012.881
OpenGreater thanClose11.310
Total1/5 (20.0%)
Penke

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